Post-Handover Plan | High ROI | Bosch & Grohe Equipped | Reef 996

Reef 996 is a groundbreaking residential landmark by Reef Luxury Developments, located in Dubai Production City (IMPZ). It has gained global attention as the world's first building to feature patented outdoor-cooled garden lounges and sunken balconies, a technological innovation that allows residents to enjoy outdoor spaces comfortably even during Dubai’s peak summer months (reaching up to 50°C). Accurate Prices & SizesCurrent Market Inventory as of March 2026 (Semi-Furnished)Unit TypeSize Range (Sq. Ft. )Starting Price (AED)Avg. PSF (AED)Studio400 – 473~692,000~1,7301 Bedroom691 – 852~999,000~1,4452 Bedroom1,063 – 1,274~1,419,000~1,3343 Bedroom1,369 – 1,932~1,902,000~1,389Investor Note: Units are seeing high demand due to their high-tech nature. February 2026 transaction data shows 1-bedroom apartments selling at approximately AED 1,153,000, reflecting strong capital appreciation. Gross rental yields in IMPZ are currently averaging 8–9%. Resort-Style Amenities & TechThe building (B + G + 3P + 20 Floors) integrates 19 premium amenities:Climate Innovation: Patented Outdoor-Cooled Sunken Balconies and cooled garden lounges that maintain a comfortable temperature year-round. Premium Fittings: Kitchens are equipped with Bosch appliances, bathrooms with Grohe fixtures, and windows utilize premium Gutmann aluminum systems. Aquatic Facilities: An infinity pool with a "Baja shelf," a dedicated kids' pool, and luxury cabanas. Sports & Wellness: CrossFit area, state-of-the-art gym, and specialized Yoga and Pilates studios. Family & Leisure: Outdoor cinema zone, BBQ areas, sunken social seating, and multi-purpose community halls. Connectivity: Smart building technology with 24/7 security and high-speed elevators. Strategic Location & ConnectivityLocated in the Me'aisem 1 sub-district, Reef 996 sits at the heart of Dubai's media and business expansion corridor. 05 Mins: City Centre Me'aisem Mall. 10 Mins: Dubai Marina, JBR, and Dubai Miracle Garden. 15 Mins: Palm Jumeirah and Al Maktoum International Airport (DWC). 20 Mins: Downtown Dubai, Burj Khalifa, and Mall of the Emirates. 30 Mins: Dubai International Airport (DXB). Payment Plan & HandoverThe developer offers two distinct paths to ownership, designed for both end-users and investors:Option A (Standard): 20% Down Payment | 50% During Construction | 30% On Handover. Option B (Post-Handover): 20% Down Payment | 50% During Construction | 30% Post-Handover (approx. 1% monthly for 30 months). Expected Handover: September 2028 (Q3 2028).

Property Information

TypeApartment
PurposeFor Sale
Reference no.Bayut - 105798-Qhz4zG-ao
CompletionOff-Plan
FurnishingFurnished
TruCheck™ on
6 March 2026
Added on5 March 2026
Handover dateQ3 2028

Features / Amenities

Furnished

Balcony or Terrace

Swimming Pool

Flooring

+ 3 more amenities

Trends & Indices

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.